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snow_tiger [21]
3 years ago
7

Diego's company was bidding on the construction of a new penguin display at a zoo. When putting together his bid, Diego began by

determining what the zoo would be willing to pay for the structure, and then subtracting a reasonable profit for the company. The result would be the cost of production. For example: If price to zoo = $8 million, and company profit margin = $3 million, the cost to produce cannot exceed $5 million. [$8 million – $3 million = $5 million.] The demand-based pricing strategy in this example is called:
Business
1 answer:
lisov135 [29]3 years ago
6 0

Answer:

Target costing

Explanation:

Target costing is a demand-based pricing strategy in which the budget is determined based on a target cost that is stablished according to the customer's willingness to pay. The cost of production added to the desired profit margin should not surpass the customer's willingness to pay in order for this method to be applied.

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Evaluate the advantages and disadvantages of horizontal, vertical and conglomerate mergers.
Mrac [35]

Some of the advantages are related to increased market share and product diversification, while the disadvantages are less flexibility and culture shock.

<h3 /><h3>What is an organizational merger?</h3>

Occurs in the legal merger of two or more companies with the aim of forming a new organization.

The horizontal merger occurs between two competitors, the vertical between a buyer and a seller, and the merger of conglomerates occurs in companies from different areas of activity.

Therefore, despite the advantages of increasing market value and positioning, the merger between companies can be a risky strategy if it is not established in a planned way.

Find out more about organizational merger here:

brainly.com/question/8126554

7 0
2 years ago
After a job interview, you should _____.
Lera25 [3.4K]
You should call back to check on your application progression. (but not immediately after) I hope this helps!
7 0
3 years ago
Read 2 more answers
Garage Specialty Corporation manufactures joint products P and Q. During a recent period, joint costs amounted to $80,000 in the
goblinko [34]

Answer:

Option B,$62,400 is correct

Explanation:

Firstly,we need to determine the sales of each joint product if sold after the split off point as follows:

Sales value of P=20,000*$2.20=$44,000

sales value of Q=60,000*$2.60=$156,000

total sales value                          =$200,000

joint cost is $80,000

joint cost allocated to Q=total joint cost*Q sales value/total sales value

                                        =$80,000*156,000/200,000=$62,400

Out of the $80,000 joint cost incurred by both joint products,Q would be allocated $62,400

7 0
3 years ago
Defining leadership as a ______ means that it is not a trait or characteristic that resides in the leader, but rather a transact
alex41 [277]

Answer:

Process.

Explanation:

Defining leadership as a process means that it is not a trait or characteristic that resides in the leader, but rather a transactional event that occurs between the leader and the followers.

This ultimately implies that, beyond an individual possessing the traits or qualities of a leader, leadership in itself is a process that revolves around the activities or happenings between the leader and those who he or she is leading, which are the followers.

<em>Hence, leadership is simply a continuous process. </em>

3 0
3 years ago
Coffee Bean Co. Competes in the crowded coffee bean product category and sells its products in grocery stores and other stores s
Naddika [18.5K]

Answer:

"Commodity-like" is the appropriate response.

Explanation:

  • A commodity seems to be a simple item that would be compatible with other commodities of almost a similar sort used in exchange.
  • Commodities have been used another very commonly in the manufacture of other products or services as inputs. The consistency of the product in question may vary marginally, but it is generally standardized across suppliers.
6 0
3 years ago
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